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- Peter Goodburn
COMMODITIES OUTLOOK - Base Metals | Precious Metals | Energy
​There are clear indications of downside price-risk developing in Base Metals. Copper has been unable to thrust higher and maintain early-year gains with subsequent action unfolding into a counter-trend triangle pattern. Lead prices have simultaneously unfolded higher from last year’s low into a counter-trend zig zag pattern testing overhead resistance levels highlighted in recent updates. This is bearish action that increases the probability of declines beginning in October, resulting in a ...
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